GBP/USD Forex Signal: Bears Prevail Ahead of Key UK Data
November 18, 2024 at 07:36 AM EST
The GBP/USD exchange rate has been in a steep sell-off since September 30th, falling from a high of 1.3428 to 1.2600, its lowest level since July 2. This sell-off accelerated as the US dollar index surged from the year-to-date low of 100 to $107.
